Index Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
S&P China A 50 Index (CNY) (CME:SPC50)
Bull Market Weakness (+75) - SPC50 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPC50 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPC50?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPC50.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPC50
The long-term trend has been DOWN since Jan 6th, 2022 at 4105.46
The intermediate-term trend has been UP since May 20th, 2022 at 3558.92
The short-term trend has been UP since May 27th, 2022 at 3487.19
Smart Scan Analysis for SPC50
Based on our trend formula, SPC50 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3873.27||52wk High Date||2018-01-24|
|52wk Low||2781.22||52wk Low Date||2018-10-19|